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Topic: Finally! (Read 2418 times)

sr. member
Activity: 364
Merit: 250
[#][#][#]
March 03, 2012, 03:06:54 PM
#23
Where's Proudhon when you need him?

Proudhon.... Proudhon had a change of heart and decided to take a loss on his short, and go long

then this happened:

What would be funnier is if he went to bed just before price collapsed, he didn't set any bids to cover his short, and the price was back up to $4.85 in the morning.

Things went much better than expected.   Grin

i don't trust you, poor proudhon.. im sorry Sad
hero member
Activity: 532
Merit: 500
March 02, 2012, 02:27:40 AM
#22
I would lower your other buy orders if i was you. Also sell what u have.
Market has to absorb 50+k of btc soon. Prob more. That is just bitcoinica's.

Sucks that they Zhou will essentially be buying bitcoins that were stolen from him.
hero member
Activity: 994
Merit: 1000
March 02, 2012, 02:26:31 AM
#21
Where's Proudhon when you need him?

Proudhon.... Proudhon had a change of heart and decided to take a loss on his short, and go long

then this happened:

What would be funnier is if he went to bed just before price collapsed, he didn't set any bids to cover his short, and the price was back up to $4.85 in the morning.

Things went much better than expected.   Grin

Glad to hear it. Faaaaaaaaaaaaaaaaaaark 16c spread on bitcoinica makes me cry again.
legendary
Activity: 2198
Merit: 1311
March 02, 2012, 02:22:23 AM
#20
Where's Proudhon when you need him?

Proudhon.... Proudhon had a change of heart and decided to take a loss on his short, and go long

then this happened:

What would be funnier is if he went to bed just before price collapsed, he didn't set any bids to cover his short, and the price was back up to $4.85 in the morning.

Things went much better than expected.   Grin
qo
newbie
Activity: 26
Merit: 0
March 02, 2012, 01:48:00 AM
#19
then this happened:

Damn that's good. Grin
hero member
Activity: 994
Merit: 1000
March 02, 2012, 01:18:20 AM
#18
Where's Proudhon when you need him?

Proudhon.... Proudhon had a change of heart and decided to take a loss on his short, and go long

then this happened:

What would be funnier is if he went to bed just before price collapsed, he didn't set any bids to cover his short, and the price was back up to $4.85 in the morning.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
March 02, 2012, 01:12:00 AM
#17
Where's Proudhon when you need him?

Proudhon.... Proudhon had a change of heart and decided to take a loss on his short, and go long

then this happened:

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
March 02, 2012, 12:18:45 AM
#16
Guy can't sell those coins on MtGox yet, they'd be too easily traced back and MtGox would seize them in cooperation with bitcoinica.

The selling going on isn't stolen coins.  Will take weeks or months to get enough confirmations and transactions for the stolen coins to be sufficiently mixed that the thief can sell them.

yup, and Mt.Gox thinks that too

As far as we can tell the Bitcoin sold on Mt.Gox are not stolen ones and there are few chance that these coins will be ever sold via our network/Mt.Gox
legendary
Activity: 826
Merit: 1001
rippleFanatic
March 02, 2012, 12:06:18 AM
#15
Guy can't sell those coins on MtGox yet, they'd be too easily traced back and MtGox would seize them in cooperation with bitcoinica.

The selling going on isn't stolen coins.  Will take weeks or months to get enough confirmations and transactions for the stolen coins to be sufficiently mixed that the thief can sell them.
sr. member
Activity: 322
Merit: 250
We are bees, and we hate you.
March 02, 2012, 12:04:34 AM
#14
hopefully we get a bounce from this from 4.60

my gf just said "i hope it goes to 0"

0$ bitcoins here we come  Cheesy
Dream come true...  Shocked
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
March 01, 2012, 11:59:30 PM
#13
hopefully we get a bounce from this from 4.60

my gf just said "i hope it goes to 0"

0$ bitcoins here we come  Cheesy
hero member
Activity: 486
Merit: 500
March 01, 2012, 11:55:00 PM
#12
hopefully we get a bounce from this from 4.60
legendary
Activity: 2072
Merit: 1001
March 01, 2012, 11:47:10 PM
#11
where is the link for the news?

Geez. Do you guys even read any other forum area on this website ;-)

https://bitcointalk.org/index.php?board=1.0
sr. member
Activity: 322
Merit: 250
We are bees, and we hate you.
March 01, 2012, 11:42:51 PM
#10
Where's Proudhon when you need him?
hero member
Activity: 486
Merit: 500
March 01, 2012, 11:41:32 PM
#9
where is the link for the news?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
March 01, 2012, 11:39:43 PM
#8
Oh. I was wrong in my first read of things.

Get this:

"Bitcoinica lost 43,554 BTC from Linode compromise, suspicious TXIDs publicized"

That is BTC.. not USD.

So we are looking at 50K in BTC... 200,000+ dollars worth of BTC that will be sold.

If he DUMPS it NOW we'd be at 4.20

he'd be filling a lot of orders making buyers very happy!

wouldn't that be the gr8est thing thing ever?

legendary
Activity: 2072
Merit: 1001
March 01, 2012, 11:35:27 PM
#7
Oh. I was wrong in my first read of things.

Get this:

"Bitcoinica lost 43,554 BTC from Linode compromise, suspicious TXIDs publicized"

That is BTC.. not USD.

So we are looking at 50K in BTC... 200,000+ dollars worth of BTC that will be sold.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
March 01, 2012, 11:31:08 PM
#6
I would lower your other buy orders if i was you. Also sell what u have.
Market has to absorb 50+k of btc soon. Prob more. That is just bitcoinica's.

meh, i dont think we'll be seeing these coins on the mtgox market... and beside why would anyone DUMP 50K btc on any market, only to watch it bounce back? that would be crazy.

I keep my bid up HOPING someone takes a big fat smelly dump.

50K BTC stolen mean 2 things

1) someone hacked his way into the big player position
2) someone needs to buy his way back into the big player position


so I'm expecting swigs from all this,  but in the end we are going right back where we started less then 5  more then 4
legendary
Activity: 2072
Merit: 1001
March 01, 2012, 11:29:55 PM
#5
I would lower your other buy orders if i was you. Also sell what u have.
Market has to absorb 50+k of btc soon. Prob more. That is just bitcoinica's.

Interesting...how do you come about this information? Seems very specific.

Just read the main bitcoin forum on this forum.. slush was robbed. bitcoinica, btc faucet, etc...
Easy 50+K USD in BTC. And i am being conservative with this number.
hero member
Activity: 994
Merit: 1000
March 01, 2012, 11:26:25 PM
#4
I would lower your other buy orders if i was you. Also sell what u have.
Market has to absorb 50+k of btc soon. Prob more. That is just bitcoinica's.

Interesting...how do you come about this information? Seems very specific.
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